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Viewing 15 posts - 61 through 75 (of 166 total)
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  • July 17, 2009 at 6:26 PM #433810
    sdrealtor
    Participant

    Personally i wouldnt expect a house like that on Lynwood to go much below $1M if that. Houses like that sold for close to $1.7M at the peak. I’d say that house has come down about 30% or $500K whichis pretty drastically IMO.

    The foam on the beer which was the easy declines have already been blown off the top. Anyhting beyond where we are now will be painful and slow.

    July 17, 2009 at 11:01 PM #433200
    SD Realtor
    Participant

    I would agree with you sdr. I am still fairly amazed at the staying power of those who can afford to make the payments.

    If I wasn’t so tired I would dig up old posts in 2006 about how far down everything would go. Those posts are now fairly laughable because in the end the market is about as free as a canary in a coal mine. The manipulation and interference by the government is only going to continue and where prices would get to under an unfettered market would be measurably more.

    Really the only hope for quite substantial run downs will be in few years when our credit dries up as a whole. That will move prices substantially.

    July 17, 2009 at 11:01 PM #433406
    SD Realtor
    Participant

    I would agree with you sdr. I am still fairly amazed at the staying power of those who can afford to make the payments.

    If I wasn’t so tired I would dig up old posts in 2006 about how far down everything would go. Those posts are now fairly laughable because in the end the market is about as free as a canary in a coal mine. The manipulation and interference by the government is only going to continue and where prices would get to under an unfettered market would be measurably more.

    Really the only hope for quite substantial run downs will be in few years when our credit dries up as a whole. That will move prices substantially.

    July 17, 2009 at 11:01 PM #433708
    SD Realtor
    Participant

    I would agree with you sdr. I am still fairly amazed at the staying power of those who can afford to make the payments.

    If I wasn’t so tired I would dig up old posts in 2006 about how far down everything would go. Those posts are now fairly laughable because in the end the market is about as free as a canary in a coal mine. The manipulation and interference by the government is only going to continue and where prices would get to under an unfettered market would be measurably more.

    Really the only hope for quite substantial run downs will be in few years when our credit dries up as a whole. That will move prices substantially.

    July 17, 2009 at 11:01 PM #433780
    SD Realtor
    Participant

    I would agree with you sdr. I am still fairly amazed at the staying power of those who can afford to make the payments.

    If I wasn’t so tired I would dig up old posts in 2006 about how far down everything would go. Those posts are now fairly laughable because in the end the market is about as free as a canary in a coal mine. The manipulation and interference by the government is only going to continue and where prices would get to under an unfettered market would be measurably more.

    Really the only hope for quite substantial run downs will be in few years when our credit dries up as a whole. That will move prices substantially.

    July 17, 2009 at 11:01 PM #433944
    SD Realtor
    Participant

    I would agree with you sdr. I am still fairly amazed at the staying power of those who can afford to make the payments.

    If I wasn’t so tired I would dig up old posts in 2006 about how far down everything would go. Those posts are now fairly laughable because in the end the market is about as free as a canary in a coal mine. The manipulation and interference by the government is only going to continue and where prices would get to under an unfettered market would be measurably more.

    Really the only hope for quite substantial run downs will be in few years when our credit dries up as a whole. That will move prices substantially.

    July 18, 2009 at 1:53 AM #433250
    sdrealtor
    Participant

    and I laughed at those posts then just like I laugh at them now.

    July 18, 2009 at 1:53 AM #433456
    sdrealtor
    Participant

    and I laughed at those posts then just like I laugh at them now.

    July 18, 2009 at 1:53 AM #433757
    sdrealtor
    Participant

    and I laughed at those posts then just like I laugh at them now.

    July 18, 2009 at 1:53 AM #433828
    sdrealtor
    Participant

    and I laughed at those posts then just like I laugh at them now.

    July 18, 2009 at 1:53 AM #433994
    sdrealtor
    Participant

    and I laughed at those posts then just like I laugh at them now.

    July 19, 2009 at 9:50 PM #433960
    OntheSideLine
    Participant

    sdrealtor you were right

    Well, here is another similar listing, not sure what address, but this is Encinitas Ranch neighborhood with a golf course view.

    http://www.sdlookup.com/MLS-090040148
    995,000
    Beds/Baths: 5 / 4
    Square Feet: 4,612 sf

    Maybe the decline won’t be as painfully slow as we all were expecting.

    July 19, 2009 at 9:50 PM #434164
    OntheSideLine
    Participant

    sdrealtor you were right

    Well, here is another similar listing, not sure what address, but this is Encinitas Ranch neighborhood with a golf course view.

    http://www.sdlookup.com/MLS-090040148
    995,000
    Beds/Baths: 5 / 4
    Square Feet: 4,612 sf

    Maybe the decline won’t be as painfully slow as we all were expecting.

    July 19, 2009 at 9:50 PM #434479
    OntheSideLine
    Participant

    sdrealtor you were right

    Well, here is another similar listing, not sure what address, but this is Encinitas Ranch neighborhood with a golf course view.

    http://www.sdlookup.com/MLS-090040148
    995,000
    Beds/Baths: 5 / 4
    Square Feet: 4,612 sf

    Maybe the decline won’t be as painfully slow as we all were expecting.

    July 19, 2009 at 9:50 PM #434550
    OntheSideLine
    Participant

    sdrealtor you were right

    Well, here is another similar listing, not sure what address, but this is Encinitas Ranch neighborhood with a golf course view.

    http://www.sdlookup.com/MLS-090040148
    995,000
    Beds/Baths: 5 / 4
    Square Feet: 4,612 sf

    Maybe the decline won’t be as painfully slow as we all were expecting.

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